HOUSTON-- Southwestern Energy has closed on the purchase of about 162,000 acres of land in Pennsylvania. The Marcellus Shale, a massive underground gas reserve stretching from New York across Pennsylvania and West Virginia to Ohio. Southwestern Energy Co., based in Houston, financed the deal with existing debt.» Read More
May 2- Nickel North Exploration Corp:. *Increases financing to $5 million. *Flow through private placement financing has been increased from $4 million.
May 2- Nickel North Exploration Corp:. *Increases financing to $5 million. increased from $4 million to $5 million.
May 2- ASB Bancorp Inc:. ended March 31, 2013 and March 31, 2012. *Provision for loan losses was $112,000 for quarter ended March 31, 2013.
SINGAPORE, May 2- United Overseas Bank Ltd, the smallest of Singapore's three banks, posted a better-than-expected 4.9 percent rise in first quarter net profit on Thursday, helped by a jump in fees and commissions that offset a drop in loan margins. UOB earned S $722 million in the three months ended March, up from S $688 million a year earlier.
Fitch Ratings has upgraded Lider Faktoring Hizmetleri A.S.' s National Long- term rating to' A' from' BBB+'. The Outlook on the rating is Stable. The company focuses on financing manufacturing companies, particularly SMEs that produce intermediary goods for larger manufacturers in Turkey.
LONDON/ ISTANBUL, May 02 Fitch Ratings has upgraded Lider Faktoring Hizmetleri A.S.' s National Long- term rating to' A' from' BBB+'. The Outlook on the rating is Stable. The company focuses on financing manufacturing companies, particularly SMEs that produce intermediary goods for larger manufacturers in Turkey.
Malaysian NGV Sdn Bhd, which will be setting up 7 bln rgt regasification plant in Johor, is in talks with Asian Development& Investment Bank Ltd to finance the mammoth project. Its president and chief executive officer, Rahmat Ahmad, said the bank headquartered in Kuala Lumpur provides a varied list of professional services for oil producing countries in Asia.
CHICAGO, May 01 Fitch Ratings has affirmed the following ratings for Kellogg Company and its subsidiaries:. Kellogg Canada, Inc-- Long-term IDR at' BBB+';. Kellogg's debt balance was $7.9 billion at year end 2012, up from $6 billion in 2011 due to the primarily debt financed $2.7 billion Pringles acquisition which closed in May 2012.
*Entered amendment of revolving credit facility portion of existing credit. facility entered on April 7, 2011- SEC filing. *Amendment extended the termination date of facility from April 7, 2016 to May 1, 2018.
*Mizuho Corporate Bank and Bank of Tokyo Mitsubishi UFJ are considering a. roughly JPY 100 blncredit facility for Sharp Corp- nikkei. *Mizuho Corporate Bank, Bank Of Tokyo-Mitsubishi UFJ to give Sharp extension.
NEW YORK, May 1- Global chemical company Ineos Group Ltd has increased the size of its refinancing loan by $100 million and cut pricing on the $4.1 billion credit, sources told Thomson Reuters LPC.
May 1- Storm Resources Ltd:. *Announces closing of $23.7 million bought deal financing and $5.6 million. non-brokered financing* Source text for Eikon* Further company coverage.
May 1- NorthStar Realty Finance Corp:. *Says announced the origination of a $255 million loan. *Says $255 million loan was financed with $130 million from credit facilities.
May 1- AVG Technologies NV:. *Says entered into a new $75 million credit facility with HSBC. *New credit facility consists of $25 million six month term US dollar loan and.
*has completed the acquisition of a 50% equity and loan note interest in the Tameside General Hospital PFI Project from Balfour Beatty Infrastructure Investments Limited, a subsidiary of Balfour Beatty plc for.
April 30- Douglas Emmett Inc:. *Obtains $325 million term loan fixed at 2.35%. *Says new loan is payable interest only until it matures on may 1, 2018.
April 30- Regions Financial Corp:. *Says redemption price will be $1,000 per trust preferred security. financing trust II: cusip- 7591 elaa7 on may 31, 2013.
*Medical Capital shut down after SEC sued for fraud. The lawsuit stemmed from the collapse of medical receivables financing company Medical Capital Holdings Inc. The U.S. Securities and Exchange Commission sued Medical Capital and two executives for fraud in July 2009, and the company was soon shut down.
NEW YORK, April 30- Healthcare equipment company Thermo Fisher Scientific Inc is lining up $6.5 billion in permanent bank lines to back its $13.6 billion acquisition of Life Technologies, sources told Thomson Reuters LPC. The permanent financing will be split between a $1.5 billion, five-year revolving credit facility and a $5 billion, five-year term loan.
April 30- Lumos Networks Corp:. *Completes $425 M debt refinancing. *Successfully refinanced its prior senior credit facility with a new $425.